The effects of resources, decision making, and decision implementing on perceived family well-being in adjusting to an economic stressor

Kathryn D. Rettig, Ronit D. Leichtentritt, Sharon M Danes

Research output: Contribution to journalArticle

26 Scopus citations

Abstract

This article examines the relationships of personal resources, decisionmaking, and decision-implementing behaviors that were measured in time one with perceived family well-being that was measured one year later. The sample included 323 farm men and women who had experienced the same economic stressor event. A structural equation model was posited based upon the theoretical frameworks of family resource management. The results indicated the theoretical model fit the data well for both men and women. LISREL analyses revealed strong positive relationships among perceived financial and emotional resources, decision making, and perceived family well-being. A positive relationship was found between decision making and decision implementing, but no relationship was found between decision implementing and perceived family well-being. Gender differences were present only in the measurement model among the indicators of decision implementing and family well-being.

Original languageEnglish (US)
Pages (from-to)5-34
Number of pages30
JournalJournal of Family and Economic Issues
Volume20
Issue number1
StatePublished - Jan 1 1999

Keywords

  • Decision making
  • Economic stressor
  • Family well-being
  • Farm households
  • Resources

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